Auto Warranty Companies Fight For Your Business

extended auto warranty - The industry of auto warranty companies is really a fiercely competitive one. You will find a limited number of cars on the streets - granted, there are millions of them, and all of them, at some point or still, has or enjoyed a warranty - but with the multitude of companies fighting for the business of these drivers, this means that every car owner is definitely the target of some very hungry sales reps.

This is definitely a daunting position to be in to get a car owner. Whether you are buying a new car coming from a dealership, or buying a used car, you will have people promoting you their warranty services.

In the dealership, you may encounter a pushy sales representative that will try everything they could to help you get to sign on for an extended warranty when you create your initial purchase. There are advantages to buying at that time, including having the costs of the warranty rolled up to the financing for the car, and realizing that your dealership will continue to be the spot to have any repairs or replacements done. However these comforts could end up costing you hundreds or lots of money in the long run. Sales representatives make very large commissions on warranties, so they're eager to get you to enroll in one. But the price that is rolled into the financing will likely be a lot higher than it would if you sought out your own quotes from third-party extended warranty providers. Granted, you will have to pay more up-front with those third-party companies, instead of adding a small number for your monthly car payment bills. But it could very well save a little money.

But just as not every car sales person has gone out to rip you off, not all third-party providers are good guys, either. There are some risky ventures out there, so a wise shopper will compare not only the prices offered by these vendors, but the terms and conditions of the warranties they offer. If a company won't let you review the warranty before you buy, don't waste your time or money - it's likely a scam, or just a really bad set of terms that will tie you to some big costs further down the road. Auto warranty companies will fight to achieve you as being a client, so use that to your advantage. Make a price comparison, look at all of the regards to the warranties offered, and tell the businesses you consult with “hey, make me the most effective offer.” If they can't, someone else will.